700-740 Northern Rd - Apartments FOR SALE


Daytona Beach, FL 32119- Greater Daytona
$2,500,000 USD
813-387-4754
700-740 Northern Rd, Daytona Beach, FL for Sale
$2,500,000 USD
Apartments - FOR SALE
1/8
null | 6.37% Cap Rate

700-740 Northern Rd
Daytona Beach, FL 32119
Greater Daytona


HIGHLIGHTS

  • The property has been meticulously maintained and operated by the same owner since 1999
  • Upside opportunity through the burning off of loss-to-lease and completing the unit renovations
  • Concrete block construction

OVERVIEW

Golfview Villas is a 21 unit, garden-style property. Golfview is located in a quiet residential neighborhood and is across the street from the Daytona Beach Golf Club and just minutes from some of Florida’s most famous beaches. The property is situated less than 8 miles from the Tanger Outlets, Volusia Mall, Embry-Riddle Aeronautical University, Daytona International Speedway, Daytona Beach International Airport, and numerous other retail, entertainment and employment opportunities.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

21

PRICE/UNIT

$119,048

CAP RATE

6.37%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golfview Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

17R2

APN/PARCEL ID

5329-13-19-0010

ASK ABOUT THIS PROPERTY

Jason HagueMarcus & MillichapMore Info
813-387-4754

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Jason HagueMarcus & MillichapMore Info
813-387-4754

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.